The Discover Open Road Student Credit Card allows college students to build a solid credit history while earning cashback rewards on the goods and services they use on a daily basis. If you travel frequently in your car you will appreciate the 5% cashback rebate on gas and auto maintenance. Cardholders will earn up to 1% cash back on all their general purchases as well.
College students can also earn cash rewards of up to 20% at select online retailers. Rewards will be doubled when redeemed for gift certificates at over 100 Discover CashBack Partners. Rewards can also be redeemed as a credit against outstanding charges on your billing statement or in the form of a check that will be mailed to the cardholder when a $50 plateau is reached.
Cardholders can also save .25% at warehouse clubs and discount stores. Bonus points and rewards will never expire and there is no limit to the amount you can accumulate as long as the account remains active within a 3 year period. This card also features platinum level benefits including online statements, online bill pay, protection against unauthorized use and discounts at select merchants.
The APR on the Discover Student Open Road Card is comparable to student credit cards from competing banks and credit card issuers. There is an introductory rate of 0% APR on new purchases. Having a student credit card can be a great way to establish a good credit rating, but only if it is used responsibly. Please read the terms on the disclosure statement before you apply for this or any other credit card offer.